Payment of tuition and fees in the different programs of study at the College may be made in any of the following ways:
Self-Pay
Students pay a down payment and equal monthly installments directly to the College, until the balance is paid in full at the end of the program. Students must pay their accounts in full before they are awarded diplomas and/or are processed to take their licensure examinations. Self-pay students are not charged interest or finance charges.
Private Loan
Students may apply for a private loan after coming up with the required down payment. Students must apply for their own private loan financing with any bank or lender of their choice. Private loan lenders may charge interest at their current disclosed rates. The School does not have preferred lenders.
Federal Financial Aid
Financial aid helps reduce out-of-pocket costs that the students and their families must pay to obtain secondary education. Financial aid is money made available to help students meet the cost of college attendance. Financial aid includes grants and loans. Grants do not have to be repaid. Loans usually have low interest rates and a student must repay them in accordance to the individual loan program terms. Most of the loans can be arranged to require payment after a grace period of several months upon graduation, or upon the student’s termination from the program, or if a student’s attendance falls below half time.
Eligible students enrolled in eligible programs may apply for federal financial aid through the Financial Aid
Office or online at www.fafsa.ed.govThe College participates in the following financial aid programs:
Need-Based Programs
a. Federal Pell Grant
b. Federal Direct Subsidized Stafford Loan
Non-Need-Based Programs
a. Federal Direct Unsubsidized Stafford Loan
b. Federal Direct PLUS (Parent Loan for Undergraduate Students)
Interested students must fill up the Free Application for Federal Financial Aid (FAFSA) for submission to the Financial Aid Office on the first month of their enrollment. All renewal FAFSAs must be submitted before July 1st of each year.
Federal financial aid funds may not cover all of the eligible program’s tuition and fees. Students may be required to pay to the College whatever balance not covered by financial aid funds.
If the student obtains a loan to pay for an educational program, the student has the responsibility to repay the full amount of the loan plus interest, less the amount of any refund, and if the student has received federal student financial aid funds, the student is entitled to a refund of the moneys not paid from federal student financial aid program funds.
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